Citadel Investment Group Initiates Stake in Home Company Inc (NWHM); Raises Holding in Ralph Lauren Corp (RL)

Hedge fund Citadel Investment Group, managed by Ken Griffin, has disclosed a new stake in New Home Company Inc (NYSE:NWHM). The stake contains 917,136 shares, equal to 5.2% of the common stock. In a separate filing Citadel Investment Group, also revealed that it has significantly upped its stake in Ralph Lauren Corp (NYSE:RL) to 3.17 million shares from 1.16 million shares held at the end of the third quarter. The current holding equals 5.3% of the common stock of the company.

CITADEL INVESTMENT GROUP

New Home Company Inc (NYSE:NWHM) is a homebuilder company. Recently the company acquired The Calabasas Inn from D2 Development Inc and will build The Village at Calabasas. The company also partnered with Tricon Capital Group Inc. and will together provide financing for The Village at Calabasas.

In the last couple of days, there were quite many insider purchases in New Home Company Inc (NYSE:NWHM), Cathey Lowe, Michael Berchtold, Sam Bakhshandehpour and William Witte, director at New Home Company, purchased the shares of the company and now holds 4,750, 28,750, 6,050 and 53,750 shares each.

A couple of months ago, several insiders sliced their holdings in Ralph Lauren Corp (NYSE:RL), amongst them were Steven Murphy, director and Jackwyn Nemerov, President & COO who now holds 4,942 shares and 38,781 shares respectively.

Of all the hedge funds we track, Tony Chedraoui’s Tyrus Capital, is the largest shareholder of Ralph Lauren Corp (NYSE:RL). It initiated a position in the third quarter of 2013 and now holds 110,000 shares worth $18.12 million.

Caerus Global Investors, managed by Ward Davis, is another hedge fund who is bullish on the stock, and boosted its position in the stock by 128% and now holds 23,709 shares.

Recently, Citadel Investment Group boosted its position in RF Micro Devices Inc (NASDAQ:RFMD) to 16.92 million shares by purchasing 8.17 million shares of the company. The fund also boosted its position in Take Two Interactive Software Inc. (NASDAQ:TTWO) to 4.91 million shares from 2.03 million shares held earlier.

Disclosure: none

Recommended reading:

Grisanti Brown & Partners’ Top Five Holdings Include Valero Energy Corporation (VLO), Marathon Petroleum Corp (MPC) & Others

Giovine Capital Top Picks: Forest Laboratories Inc. (FRX), Vodafone Group Plc New (VOD) & Others

Zenit Asset Management’s Top Picks Include EBAY Inc. (EBAY), and Amazon.com, Inc. (AMZN) Among Others

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

The 10 Best Airline Stocks to Invest In Before They Fly Too High

Burger Kings: The 10 Most Expensive Burgers in the World

The 10 Most Ethnically Diverse Countries in the World

The 10 Most Exclusive Credit Cards in the World

The 10 Most Expensive Cruise Ships in the World

The 10 Fastest Supercomputers in the World

The 10 Best Countries for Doing Business 2015

6 Most Expensive Fruits In The World

10 Worst Airlines in the World

The 10 Biggest Tax Havens in the World to Stash Your Money

The 15 Most Murderous Countries in the World

10 Largest Colleges in the World: Bigger Isn’t Always Better

Comedians in Cars Getting Coffee: The 6 Comedians Seinfeld Needs to Interview

Easy Money: The 10 Most Successful Investors in the World Today

The 10 Most Deadly Diseases in the World Today

The 5 Most Expensive Luxury Motorhomes in the World

20 Largest Stock Exchanges in the World

6 Richest Painters In The World 2014

The 6 Countries with the Best Hospitals In The World

10 Largest Beer Brewing Companies in the World

The 10 Richest Fitness Gurus In the World to Pump You Up

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!